Latest Stock Market News:15 June to 19 June
Last week was volatile. Friday we saw huge bearish and bullish trend. Next week market can be volatile. Corona virus is not in control as cases are increasing day by day. Q4 results will be declared of big companies like Tata motors, Ipca labs, HPCL, JK cement etc. Vodafone-idea stock will be in focus as SC will give verdict on AGR. Here are some latest stock market news which will impact on stock market.
1. Q4 results(15 June to 19 June)
- June 15: Tata motors,Ashoka Buildcon,Canfin homes,CSB bank
- June 16: HPCL, Ipca labs, Navin flourine, Ratnamani metal
- June 17: Cummins India, Indostar Capital, JK cement, Muthoot finance
- June 18: Brigade entreprise, Gayatri projects, Thermex , Whirpool
- June 19: LIC housing finance, Novartis, Ramco systems
2 . Corona virus pandemic
- As per medical experts situation may be worst in upcoming time
- Cases are almost 320000+ and 162000+ patients have been recovered
- New cases are increases day by day
3. Supreme court order on AGR and telecom industry
- Telecom companies to file reply on timeline of payment
- Airtel is in comfortable situation while Vodafone is in huge trouble. It is question that will Vodafone be able to do payment of AGR.
- June 17 hearing on plea for interest of waiver
- Telecom companies request that interest should be waive of in due payment
4. Inflation data due
- Whole sale price index(WPI) data for may to be released on 15 June
- Rupee has been resilience around the 76.60
- RBI is keen to maintain rupee between 75 to 76
6. Technical view(Nifty)
- 9500-10400 range is expected during 15 June to 19 June
- 10100 is important level. If nifty goes above 10100 then it will go up to 10400
- Maximum put base is placed at 9500 and followed by 9700
- Fresh put writing was seen at 9800 and 9900
- Call writers were active at 10000 and followed by 10200. So it is strong resistance xone
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